Loan

Self-employed, professionals and negative profiles It is a well-known fact that banks are eager to provide home loans and all kinds of loans to salaried individuals. But what if you are an entrepreneur or an independent doctor or lawyer? What are the home loan approval chances for a self-employed or professional person in India?Join a …

Home loans for the self-employed – Part I – Home loans: everything you want to know Read More »

Income self-employed & professionals If you are self-employed or self-employed and are planning to take out a home loan, then this series of posts is ideal for you. We discussed how banks identify self-employed mortgage borrowers in Home Loans for the Self-Employed – Part I Today we look at the different aspects of the income …

Home loans for the self-employed – Part II – Home loans: everything you want to know Read More »

A complete checklist of documents for the self-employed to apply for a mortgage. Our country is a mixture of traditional companies and new age start-ups. Whether you are a family business, a new business or an independent practice, if you run your own show independently, kudos to you! While it must have been exciting to …

Home loan for the self-employed – Part III – Home loans: everything you want to know Read More »

It is a common view that banks offer different home loan products for the self-employed and for salaried employees. Let’s see where the difference really lies. Mortgage products Banks and housing finance companies offer home loans in 2-3 basic categories: Variable rate mortgage Fixed rate mortgage Home loans with flexible eligibility and flexible repayment options …

Home loan products for the self-employed – Home loans: everything you want to know Read More »

Affordable housing will be the next wave for the Indian real estate market. Join us in the coming weeks as we explore different aspects of this segment and see how you can make the most of it. The term ‘affordable’ can mean different things to people depending on the country, income, family size etc. But …

Affordable housing in India – what’s in it for a home buyer – Home loans: everything you want to know Read More »

Almost every Indian considers owning a house essential. But how do you determine the value of a home that you can afford to buy? How to plan a budget for buying a house? When you think of buying a home in India, the options ahead can be quite confusing Which city/town to buy? From which …

Planning a House Purchase Budget – Home Loans: Everything You Need to Know Read More »

Supported by growing demand, banks and housing finance companies have launched a number of products for low-mortgage customers. Let’s take a look at the features of these products and see if you can benefit from them too What are low value mortgages? Banks generally classify home loans up to a value of Rs.30-35 lakhs as …

Low Value Mortgage Loans – Home Loans: Everything You Need to Know Read More »

Are you curious about how banks pay out the amount of the home construction loan compared to standard home loans? Did you know there is something called ‘Pre-EMI’? Are you aware of the conditions for a construction loan? Discover the different facets of this home loan product and get answers to all your questions in …

Everything you need to know about home construction loans Read More »

Founded in 1908 by the Maharaja of Baroda, Bank of Baroda (BoB) is one of the ten most nationalized banks and the second largest bank by assets in India. As of 2017, India’s state-owned banking and financial services company has 5,538 national and international branches. Bank of Baroda Home Loan’s products and services include personal …

Bank of Baroda Home Loan Products Read More »

Buying an existing home has its own advantages and challenges. While gaining access to a strategic location, disputes over property transactions arising from property rights are not unheard of. Have you zeroed in on the resale of the property you want to buy, but not sure how to verify ownership? Do not worry! We’re here …

5 Ways to Verify Resale Property Ownership Read More »